Financials
- Fiscal year
- 2025
- Total assets
- €10.3m
- Loss
- -€152,360
- Solvency
- 99.6%
Total assets▼ 3.6%
Net result
20182025
VKB PROJECTS
ActiveSummary
VKB PROJECTS has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.3m and a net result of -€152,360. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 5338 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
Development of residential building projects
NACE 68121Real estate development NACE 41101
#6 oldest company in Ostend, Real estate sector1 site
Size
€10.3mtotal assets 2025
- Equity
- €10.3m
- Loss
- -€152,360
Structure
Accounts filed 24 d late0 of 10 deeds read
Why 95- Latest accounts 24 days late; 1 of the last 3 late- Loss of €152,360 (FY 2025)+ Size: total assets €10.3m+ Equity €10.3m (99.6% of total assets)Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Better than 56% of its sector peers (NACE 68, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
100=
equity 99.6% of total assets
Liquidity
61+4
short-term debt 0.4% · cash 8.9%
Profitability
17-35
return on assets -1.5%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%
12-2024: < 0.1%● 0.0% vs 11-2024
01-2025: < 0.1%▼ -2.1% vs 12-2024
02-2025: < 0.1%● 0.0% vs 01-2025
03-2025: < 0.1%● 0.0% vs 02-2025
04-2025: < 0.1%▲ +2.2% vs 03-2025
05-2025: < 0.1%● 0.0% vs 04-2025
06-2025: < 0.1%● 0.0% vs 05-2025
07-2025: 0.1%▲ +36.2% vs 06-2025
08-2025: 0.1%▲ +54.7% vs 07-2025
09-2025: < 0.1%▼ -54.5% vs 08-2025
10-2025: < 0.1%● 0.0% vs 09-2025
11-2025: < 0.1%● 0.0% vs 10-2025
12-2025: < 0.1%● 0.0% vs 11-2025
01-2026: < 0.1%▼ -2.2% vs 12-2025
02-2026: < 0.1%▲ +2.3% vs 01-2026
03-2026: < 0.1%● 0.0% vs 02-2026
04-2026: < 0.1%▲ +2.2% vs 03-2026
05-2026: < 0.1%▲ +2.2% vs 04-2026
06-2026: < 0.1%▲ +2.1% vs 05-2026
07-2026: 0.1%▲ +8.3% vs 06-2026
08-2026: 0.1%▲ +113% vs 07-2026highest value
09-2026: < 0.1%▼ -66.7% vs 08-2026lowest value
10-2026: < 0.1%● 0.0% vs 09-2026lowest value
- Size: total assets €10.3m lowers the probability for this profile
- Latest accounts 24 days late; 1 of the last 3 late raises the probability
- Loss of €152,360 (FY 2025) raises the probability
- Equity €10.3m (99.6% of total assets) lowers the probability
Credit up to €950,000 at 30 days acceptable
short-term debt: 0.4% and cash: 8.9% of total assets, and 0.4% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, medium-sized). Better than this share of them on solvency 92%, liquidity 90%, profitability 9%, growth against the median 34%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
28 d late
2023
31 d late
2022
31 d late
2021
60 d late
2020
31 d late
2019
39 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 35 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Weakest financial yearnet -€152,360
- Liquidity times 7current ratio 160.30
Key points
By topic
Timeline
- Events
- 16
- Since
- 2017
- Next accounts
- by 31-07-2027
- 24-08-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 31-12-2025Liquidity times 7
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Development of residential building projectsNACE 68121
- Founded
- 24-10-1970
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.